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| Financial Highlights - Consolidated (FY1998 - FY2002) |
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DENSO CORPORATION and consolidated subsidiaries
Years ended March 31

|
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| Millions of yen |
| |
FY1998 |
FY1999 |
FY2000 |
FY2001 |
FY2002 |
| Net Sales |
1,758,842 |
1,883,407 |
2,014,978 |
2,401,098 |
2,332,760 |
| Operating Income |
101,663 |
116,682 |
123,526 |
133,340 |
159,893 |
| Ordinary Income |
106,609 |
115,963 |
134,307 |
143,060 |
166,344 |
Income before
income taxes |
106,732 |
108,908 |
107,299 |
138,983 |
233,534 |
| Net Income |
58,969 |
61,913 |
60,799 |
72,313 |
111,018 |
| Total Assets |
1,917,192 |
2,154,251 |
2,343,328 |
2,361,048 |
2,354,657 |
| Total Equity |
1,121,171 |
1,304,400 |
1,451,211 |
1,421,212 |
1,397,888 |
| Return on Equity |
5.4% |
4.9% |
4.4% |
5.0% |
7.9% |
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| Yen |
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FY1998 |
FY1999 |
FY2000 |
FY2001 |
FY2002 |
Per Share:
Net income |
65.46 |
68.15 |
66.51 |
80.22 |
128.37 |
Per Share:
Cash dividends |
15.00 |
17.00 |
17.00 |
18.00 |
20.00 |
Per Share:
Equity |
1,238.33 |
1,426.70 |
1,587.77 |
1,641.72 |
1,656.93 |
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| Millions of yen |
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FY1998 |
FY1999 |
FY2000 |
FY2001 |
FY2002 |
| Capital Expenditures |
212,745 |
169,953 |
140,447 |
193,599 |
171,108 |
| Depreciation |
124,289 |
134,706 |
134,416 |
147,277 |
146,651 |
| R&D Expenses |
154,207 |
160,055 |
176,959 |
185,627 |
188,466 |
| Number of Employees |
72,359 |
80,795 |
85,371 |
86,639 |
89,380 |
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